E2open Parent Holdings, Inc. (NYSE:ETWO) Director Sells $112,800.00 in Stock

E2open Parent Holdings, Inc. (NYSE:ETWOGet Rating) Director Eva F. Huston sold 15,000 shares of the stock in a transaction dated Thursday, May 12th. The stock was sold at an average price of $7.52, for a total transaction of $112,800.00. Following the completion of the transaction, the director now directly owns 52,912 shares of the company’s stock, valued at approximately $397,898.24. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

ETWO opened at $7.38 on Friday. E2open Parent Holdings, Inc. has a one year low of $7.14 and a one year high of $14.58. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.81 and a quick ratio of 0.81. The company’s 50 day simple moving average is $8.48 and its 200-day simple moving average is $9.76.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Dark Forest Capital Management LP bought a new stake in shares of E2open Parent during the third quarter valued at approximately $26,000. Nisa Investment Advisors LLC bought a new stake in shares of E2open Parent during the first quarter valued at approximately $28,000. Wolverine Asset Management LLC grew its stake in shares of E2open Parent by 99.3% during the first quarter. Wolverine Asset Management LLC now owns 8,907 shares of the company’s stock valued at $78,000 after purchasing an additional 4,437 shares during the last quarter. Maverick Capital Ltd. bought a new stake in shares of E2open Parent during the fourth quarter valued at approximately $118,000. Finally, LPL Financial LLC bought a new stake in shares of E2open Parent during the third quarter valued at approximately $125,000. 98.09% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently issued reports on ETWO. Craig Hallum began coverage on shares of E2open Parent in a research report on Tuesday, January 25th. They issued a “buy” rating and a $14.00 price target for the company. Zacks Investment Research lowered shares of E2open Parent from a “hold” rating to a “sell” rating in a report on Monday. Bank of America raised shares of E2open Parent from a “neutral” rating to a “buy” rating in a report on Thursday, April 21st. Colliers Securities raised shares of E2open Parent from a “neutral” rating to a “buy” rating and set a $13.00 price objective for the company in a report on Wednesday, March 23rd. Finally, Loop Capital dropped their price objective on shares of E2open Parent from $16.00 to $12.00 in a report on Thursday, April 28th.

E2open Parent Company Profile (Get Rating)

E2open Parent Holdings, Inc provides cloud-based and end-to-end supply chain management SaaS platform in the Americas, Europe, and the Asia Pacific. The company's software solutions orchestrate supply chains and realize value and return on investment for its blue-chip customers. Its software combines networks, data, and applications to provide a platform that allows customers to optimize their supply chain across channel shaping, demand sensing, business planning, global trade management, transportation and logistics, collaborative manufacturing, and supply management.

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